Client's nanny earned 12k from 1/1/07-6/30-07, 2k/month, 6k/qtr.
Answers to A thru C are Yes and I'm supposed to skip Part I? What the..? Where else does FICA and FIT calc? Anyway, I fill out Part I and...
Withholdings are: SS 12.4% $1488 + MC 2.9% $348 + FIT $650 = $2486
Line 9 = Yes. Then I fill out Part II and...Line 10 = Yes, Line 11 = Yes, but not yet(pay with return), Line 12 = Yes
Then I fill out Section A. Line 15 = $56, Line 16 = $7000, Line 17 = $56
Then fill out Part III and...Line 26 = $0 WHAAAAT? Should be $2486! What am I doing wrong?
Adam